genesis employee benefits (america's veba solution)

Founded in 1993, Genesis Employee Benefits is a third-party administrator (TPA) that designs and manages Voluntary Employees' Beneficiary Association (VEBA) plans, a type of tax-advantaged trust established under IRC Section 501(c)(9). The company's mission is to provide employers with an affordable and effective way to offer comprehensive healthcare benefits to their employees. These VEBA plans serve as a tax-free vehicle for employees to pay for out-of-pocket medical expenses, providing a flexible alternative or supplement to traditional group health insurance.